Abstract

The Obama administration moved to stabilize 2010's deteriorating relations with China and exploit the opportunity to deepen ties with China's nervous neighbors. Diplomatic, economic, and security initiatives were melded to “rebalance” American resources and attention to Asia in the 21st century. Early 2011 euphoria about China's rise and gloom about America's decline began to reverse themselves by end 2011. Obama made a key policy statement about the Asia-Pacific region in his address to Australia's Parliament.

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